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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 11 - Form And Contents Of Insurance Policies
§ 58-11-1 Premium defined.
Universal Citation: SD Codified L § 58-11-1 (2019)
58-11-1. Premium defined. Premium is the consideration for insurance by whatever name called. Any assessment, or any membership, policy, survey, inspection, service, or similar fee or other charge in consideration for an insurance contract is deemed part of the premium. However, the premium for title insurance shall be the rates filed and approved in § 58-25-7.
Source: SL 1966, ch 111, ch 22, § 3; SL 1995, ch 66, § 2; SL 2009, ch 259, § 1; SL 2014, ch 229, § 1.
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